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EU Unveils Proposals On Digital Taxation

by Ulrika Lomas, Tax-News.com, Brussels

Last updated 33 hours ago | Friday, September 22, 2017

The European Commission has published its vision for the "fair taxation" of the digital economy, with options including a new EU equalization tax on the turnover of digitalized companies. Read Full Story

 


Hong Kong Proposes Enhancing Tax Loss Relief For Groups

by Mary Swire, Tax-News.com, Hong Kong

Thursday, September 14, 2017

Hong Kong's Financial Services Development Council on September 11 released a report entitled "A Proposal for the Introduction of Group Tax Loss Relief in Hong Kong," which proposes tax refinements with a view to encouraging corporate groups to undertake investment activities in Hong Kong. Read Full Story

 


Paper Looks At 'Tax Haven'-Use Trends Globally

by Mike Godfrey, Tax-News.com, Washington

Wednesday, September 13, 2017

The US-based National Bureau of Economic Research has released a new report that looks at which countries' taxpayers have the most wealth stored in so-called "offshore tax havens." Read Full Story

 


Irish Gov't Outlines Brexit Risks

by Jason Gorringe, Tax-News.com, London

Wednesday, August 30, 2017

Brexit "could have far-reaching impacts on nearly all aspects" of Ireland's national life, according to Irish Prime Minister Leo Varadkar. Read Full Story

 


UK Issues Guidance On Preparing CbC Reports

by Jason Gorringe, Tax-news.com, London

Wednesday, August 16, 2017

The UK tax authority, HM Revenue and Customs, has issued guidance for businesses on the preparation of country-by-country reports in the required format. Read Full Story

 


Somalia Should Pursue Tax Reform, World Bank Says

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, August 16, 2017

The World Bank has said Somalia needs income from a broader tax base to rebuild the country. Read Full Story

 


Netherlands Reports On Environmental Tax Haul

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, August 15, 2017

The Dutch Government received EUR25.3bn (USD30bn) in revenues from environmental taxes and charges in 2016, according to the Netherlands official statistical agency. Read Full Story

 


UK Sees Corporate Tax Windfall After Brexit Decision

by Jason Gorringe, Tax-News.com, London

Wednesday, August 2, 2017

The 15.5 percent year-on-year increase in UK corporate tax receipts, reported recently by HM Revenue and Customs, demonstrates that company profits have not yet been dented by the UK's decision to leave the European Union, says London tax advisory firm Blick Rothenberg. Read Full Story

 


Turkey Tops New Tax Complexity Index

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, July 27, 2017

Turkey is the jurisdiction with the world's most complex tax and accounting requirements, according to a new report by TMF Group. Read Full Story

 


UK Corporate Tax Regime Overhaul Sought

by Amanda Banks, Tax-News.com, London

Tuesday, July 4, 2017

The Office of Tax Simplification in the UK has released suggestions on how to ease the corporate tax compliance burden. Read Full Story

 

 

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